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1503 Piihana Rd

Wailuku, HI 96793
  • $386,400
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 394303
UPDATED: 39 min ago
$386,400
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
Area:
Land Tenure:
Fee Simple

School Ratings & Info

Listing courtesy of Exp Realty.





Description

Lister is related to owner. Priced for very fast sale at the 2021 assessed value of $386,400 which will possibly increase this January when the 2022 assessed values are released. Four other lots in Wailuku way smaller in size(7500 SF to 9500 SF) are priced from $41.50 PSF to $70.00 PSF. This lot is priced at only $16.68 PSF. Water meter is in the ground. County sewer, electric right on Piihana road. 23,162 SF of fertile land with the right by county ordinance to draw water from Iao Stream which is a short stroll away. Spectacular West Maui mountain views with ocean views from a second level. The zoning is Project District which could allow up to 5 dwellings on the lot. Zone X no flood zone. This is the biggest lot for the lowest price in Wailuku. There are conditions the developer has to satisfy pursuant to the Project District development. The developer owns 100%/79+ acres of the Project District and has been actively working to satisfy those conditions in order to get a building permit for the 600 unit main development. The main condition is the bridge improvement and Imi Kala road extension which the County of Maui has committed to pay. The buyer should meet with the developer to gain a clear understanding of the time required to get a building permit, which is inevitable, probably 12 months. Because of this inconvenience the Seller is willing to offer the Buyer financing with $225,000 down with the balance of $161,400 due upon the issuance of the building permit; a low interest rate and deferred interest to a qualified buyer is possible. Two large shade trees on the lot. Easy ingress/egress from the Millyard over the bridge. Survey has been done but needs to be re-staked. Price WILL increase if the assessed value increases. If you don't need to build immediately take advantage of this very low price for this big piece of property which is only minutes to the county seat; walk to the Millyard, Post Office and numerous restaurants and services in the immediate area.

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This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2022, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2022-01-19T05:06:21.053.
www.mauilifestylerealestate.com/homes/124614940
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1503 Piihana Rd Wailuku, HI 96793

  • Price: $386,400
  • Status: Active
  • On Site: 8 Days
  • Updated: 39 min ago
  • MLS #: 394303
0
Beds
0
Baths
0
½ Baths
0.52
Acres
Neighborhood:
None
Area:
Wailuku
Property Description
Lister is related to owner. Priced for very fast sale at the 2021 assessed value of $386,400 which will possibly increase this January when the 2022 assessed values are released. Four other lots in Wailuku way smaller in size(7500 SF to 9500 SF) are priced from $41.50 PSF to $70.00 PSF. This lot is priced at only $16.68 PSF. Water meter is in the ground. County sewer, electric right on Piihana road. 23,162 SF of fertile land with the right by county ordinance to draw water from Iao Stream which is a short stroll away. Spectacular West Maui mountain views with ocean views from a second level. The zoning is Project District which could allow up to 5 dwellings on the lot. Zone X no flood zone. This is the biggest lot for the lowest price in Wailuku. There are conditions the developer has to satisfy pursuant to the Project District development. The developer owns 100%/79+ acres of the Project District and has been actively working to satisfy those conditions in order to get a building permit for the 600 unit main development. The main condition is the bridge improvement and Imi Kala road extension which the County of Maui has committed to pay. The buyer should meet with the developer to gain a clear understanding of the time required to get a building permit, which is inevitable, probably 12 months. Because of this inconvenience the Seller is willing to offer the Buyer financing with $225,000 down with the balance of $161,400 due upon the issuance of the building permit; a low interest rate and deferred interest to a qualified buyer is possible. Two large shade trees on the lot. Easy ingress/egress from the Millyard over the bridge. Survey has been done but needs to be re-staked. Price WILL increase if the assessed value increases. If you don't need to build immediately take advantage of this very low price for this big piece of property which is only minutes to the county seat; walk to the Millyard, Post Office and numerous restaurants and services in the immediate area.
Exterior Features

View Mountain/Ocean Waterfront None

Property Features

County Zoning Project District Land Tenure Fee Simple Land Use ResidentialCommercialAgriculturalBusiness Lot Dimensions 120.51X243.47X66x273.79 Neighborhood Wailuku Plantation Potential Short Sale No REO No Sewer Sewer County State Zoning Urban Taxes Monthly 175.49 Taxes Year Ending 2021 Topography Level Utilities To Site County Water Water To Site County Water Meter Ins

Listing information © 2022 REALTORS® Association of Maui, Inc.
Listing provided courtesy of Exp Realty.

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2022, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2022-01-19T05:06:21.053.
 
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Maui Lifestyle Real Estate | Corcoran Pacific Properties
5095 Napilihau Street, Suite 113A
Lahaina HI, 96761
Listing courtesy of Exp Realty.